Interestingly, $BTC went down from $80k to $70k while alts have held incredibly well, going up against $BTC. Especially some like $XLM.

This divergence is a sign of strength imo, and another reason that makes me think this is a bear trap.

Demand at $75k didn't hold and price dumped to $70k.

What we see is that bears are selling into demand (support), filling a lot of limit buys / TP orders.

Basically, HTF support confirmed by strong demand, alts looking good against BTC, and sentiment very negative.

I was wrong thinking it would bounce from higher, but the idea remains the same.

Sharing another of my passions, while the waters calm down and everything goes back to normal.

Keep calm and trust the process.

$BTC

It helps to zoom out.

Sometimes you have to step back to gain perspective and find clarity.

To leave the noise behind, sit with the silence, and focus on what truly matters.

Then, the path forward becomes clear. And when the next move comes, it comes from a much stronger version.

That's why markets are like life. A pullback is not the end. Sometimes, it is just a way of getting ready for what's next.

GM

Some good LTF trend reversals here. First sign of strength for the bullish case.

$ZANO

GM

"There is a time for everything"

Some thoughts:

https://x.com/CryptoCapo_/status/2064988813084983552?s=20

GM

Situation is looking good.

Have a good Sunday!

$65k reclaimed ✅

Next key level to reclaim: $69k-70k

#USOIL breaking down.

This was posted before the last US-Iran 60-day peace deal.

Potential short-term correction today.

Indeed.

GM

Maybe lower.

$XMR update

HTF idea is still intact, but we could see it underperform for some more days/weeks, until the setup becomes favorable again.

BTC pair doesn't look great in the present moment. Some strong rejection wicks and corrective structure on LTF.

It could go down to the blue zone before going higher. Doesn't worry me for the long-term accumulation idea.